Why Is Broadcom Stock Soaring, and Is It Too Late to Buy This AI Stock?

By Parkev Tatevosian, CFA – Dec 17, 2024 at 10:00AM

NASDAQ: AVGO

Broadcom

Market Cap

$1.1T

Today's Change

(-0.62%) -$1.44

Current Price

$229.09

Price as of May 23, 2025, 3:58 p.m. ET

Broadcom's (AVGO -0.62%) AI business is soaring, and investors are excited about this investment.

*Stock prices used were the afternoon prices of Dec. 13, 2024. The video was published on Dec. 15, 2024.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool recommends Broadcom. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

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